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EV and PHEV

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Industry Growth & Trends

Global EV and PHEV Industry Growth and Trends Forecast to 2032

6 January 2026115 pages

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Industry ResearchEV and PHEV Industry Research Report 2026130 pages · $2,950 USDIndustry Growth & TrendsGlobal EV and PHEV Industry Growth and Trends Forecast to 2032115 pages · $3,450 USDMarket StructureGlobal EV and PHEV Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032190 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal EV and PHEV Market Outlook and Growth Opportunities 2026205 pages · $4,250 USDMarket Analysis & ForecastGlobal EV and PHEV Market Analysis and Forecast 2026-2032210 pages · $4,950 USD

Market perspective

The global EV and PHEV market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for EV and PHEV is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for EV and PHEV is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for EV and PHEV is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of EV and PHEV include Volvo, Volkswagen, Toyota, Tesla, BMW, Porsche, Nissan, Mitsubishi and Kia, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global EV and PHEV market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The EV and PHEV market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global EV and PHEV market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to EV and PHEV.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global EV and PHEV market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

EV and PHEV Market by Company

Volvo

Volkswagen

Toyota

Tesla

BMW

Porsche

Nissan

Mitsubishi

Kia

Hyundai

Honda

Ford

Fiat

Chevrolet

Audi

BYD

EV and PHEV Segment by Type

EV

PHEV

EV and PHEV Segment by Application

Commercial Vehicle

Passenger Vehicle

EV and PHEV Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global EV and PHEV market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of EV and PHEV and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of EV and PHEV.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of EV and PHEV manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of EV and PHEV in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of EV Table 2. Major Company of PHEV Table 3. Global EV and PHEV Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global EV and PHEV Sales by Type (2021-2026) & (k units) Table 5. Global EV and PHEV Sales Market Share in Volume by Type (2021-2026) Table 6. Global EV and PHEV Sales by Type (2021-2026) & (US$ Million) Table 7. Global EV and PHEV Sales Market Share in Value by Type (2021-2026) Table 8. Global EV and PHEV Price by Type (2021-2026) & (USD/unit) Table 9. Global EV and PHEV Sales by Type (2027-2032) & (k units) Table 10. Global EV and PHEV Sales Market Share in Volume by Type (2027-2032) Table 11. Global EV and PHEV Sales by Type (2027-2032) & (US$ Million) Table 12. Global EV and PHEV Sales Market Share in Value by Type (2027-2032) Table 13. Global EV and PHEV Price by Type (2027-2032) & (USD/unit) Table 14. North America EV and PHEV Sales by Type (2021-2026) & (k units) Table 15. North America EV and PHEV Sales by Type (2021-2026) & (US$ Million) Table 16. Europe EV and PHEV Sales by Type (2021-2026) & (k units) Table 17. Europe EV and PHEV Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific EV and PHEV Sales by Type (2021-2026) & (k units) Table 19. Asia-Pacific EV and PHEV Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America EV and PHEV Sales by Type (2021-2026) & (k units) Table 21. Latin America EV and PHEV Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa EV and PHEV Sales by Type (2021-2026) & (k units) Table 23. Middle East and Africa EV and PHEV Sales by Type (2021-2026) & (US$ Million) Table 24. EV and PHEV Industry Trends Table 25. EV and PHEV Industry Drivers Table 26. EV and PHEV Industry Opportunities and Challenges Table 27. EV and PHEV Industry Restraints Table 28. Global EV and PHEV Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global EV and PHEV Revenue Market Share by Company (2021-2026) Table 30. Global EV and PHEV Sales by Company (2021-2026) & (k units) Table 31. Global EV and PHEV Sales Share by Company (2021-2026) Table 32. Global EV and PHEV Market Price by Company (2021-2026) & (USD/unit) Table 33. Global EV and PHEV Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global EV and PHEV Major Company Production Sites and Headquarters Table 35. Global EV and PHEV Company, Product Type & Application Table 36. Global EV and PHEV Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global EV and PHEV by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global EV and PHEV Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global EV and PHEV Sales by Region (2021-2026) & (k units) Table 41. Global EV and PHEV Sales Market Share in Volume by Region (2021-2026) Table 42. Global EV and PHEV Sales by Region (2021-2026) & (US$ Million) Table 43. Global EV and PHEV Sales Market Share in Value by Region (2021-2026) Table 44. Global EV and PHEV Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 45. Global EV and PHEV Sales by Region (2027-2032) & (k units) Table 46. Global EV and PHEV Sales Market Share in Volume by Region (2027-2032) Table 47. Global EV and PHEV Sales by Region (2027-2032) & (US$ Million) Table 48. Global EV and PHEV Sales Market Share in Value by Region (2027-2032) Table 49. Global EV and PHEV Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 50. Global EV and PHEV Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global EV and PHEV Sales by Application (2021-2026) & (k units) Table 52. Global EV and PHEV Sales Market Share in Volume by Application (2021-2026) Table 53. Global EV and PHEV Sales by Application (2021-2026) & (US$ Million) Table 54. Global EV and PHEV Sales Market Share in Value by Application (2021-2026) Table 55. Global EV and PHEV Price by Application (2021-2026) & (USD/unit) Table 56. Global EV and PHEV Sales by Application (2027-2032) & (k units) Table 57. Global EV and PHEV Sales Market Share in Volume by Application (2027-2032) Table 58. Global EV and PHEV Sales by Application (2027-2032) & (US$ Million) Table 59. Global EV and PHEV Sales Market Share in Value by Application (2027-2032) Table 60. Global EV and PHEV Price by Application (2027-2032) & (USD/unit) Table 61. North America EV and PHEV Sales by Application (2021-2026) & (k units) Table 62. North America EV and PHEV Sales by Application (2021-2026) & (US$ Million) Table 63. Europe EV and PHEV Sales by Application (2021-2026) & (k units) Table 64. Europe EV and PHEV Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific EV and PHEV Sales by Application (2021-2026) & (k units) Table 66. Asia-Pacific EV and PHEV Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America EV and PHEV Sales by Application (2021-2026) & (k units) Table 68. Latin America EV and PHEV Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa EV and PHEV Sales by Application (2021-2026) & (k units) Table 70. Middle East and Africa EV and PHEV Sales by Application (2021-2026) & (US$ Million) Table 71. Volvo Company Information Table 72. Volvo Business Overview Table 73. Volvo EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 74. Volvo EV and PHEV Product Portfolio Table 75. Volvo Recent Development Table 76. Volkswagen Company Information Table 77. Volkswagen Business Overview Table 78. Volkswagen EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 79. Volkswagen EV and PHEV Product Portfolio Table 80. Volkswagen Recent Development Table 81. Toyota Company Information Table 82. Toyota Business Overview Table 83. Toyota EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 84. Toyota EV and PHEV Product Portfolio Table 85. Toyota Recent Development Table 86. Tesla Company Information Table 87. Tesla Business Overview Table 88. Tesla EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 89. Tesla EV and PHEV Product Portfolio Table 90. Tesla Recent Development Table 91. BMW Company Information Table 92. BMW Business Overview Table 93. BMW EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 94. BMW EV and PHEV Product Portfolio Table 95. BMW Recent Development Table 96. Porsche Company Information Table 97. Porsche Business Overview Table 98. Porsche EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 99. Porsche EV and PHEV Product Portfolio Table 100. Porsche Recent Development Table 101. Nissan Company Information Table 102. Nissan Business Overview Table 103. Nissan EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 104. Nissan EV and PHEV Product Portfolio Table 105. Nissan Recent Development Table 106. Mitsubishi Company Information Table 107. Mitsubishi Business Overview Table 108. Mitsubishi EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 109. Mitsubishi EV and PHEV Product Portfolio Table 110. Mitsubishi Recent Development Table 111. Kia Company Information Table 112. Kia Business Overview Table 113. Kia EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 114. Kia EV and PHEV Product Portfolio Table 115. Kia Recent Development Table 116. Hyundai Company Information Table 117. Hyundai Business Overview Table 118. Hyundai EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 119. Hyundai EV and PHEV Product Portfolio Table 120. Hyundai Recent Development Table 121. Honda Company Information Table 122. Honda Business Overview Table 123. Honda EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 124. Honda EV and PHEV Product Portfolio Table 125. Honda Recent Development Table 126. Ford Company Information Table 127. Ford Business Overview Table 128. Ford EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 129. Ford EV and PHEV Product Portfolio Table 130. Ford Recent Development Table 131. Fiat Company Information Table 132. Fiat Business Overview Table 133. Fiat EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 134. Fiat EV and PHEV Product Portfolio Table 135. Fiat Recent Development Table 136. Chevrolet Company Information Table 137. Chevrolet Business Overview Table 138. Chevrolet EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 139. Chevrolet EV and PHEV Product Portfolio Table 140. Chevrolet Recent Development Table 141. Audi Company Information Table 142. Audi Business Overview Table 143. Audi EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 144. Audi EV and PHEV Product Portfolio Table 145. Audi Recent Development Table 146. BYD Company Information Table 147. BYD Business Overview Table 148. BYD EV and PHEV Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 149. BYD EV and PHEV Product Portfolio Table 150. BYD Recent Development Table 151. North America EV and PHEV Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 152. North America EV and PHEV Sales by Country (2021-2026) & (k units) Table 153. North America EV and PHEV Sales Market Share by Country (2021-2026) Table 154. North America EV and PHEV Sales Forecast by Country (2027-2032) & (k units) Table 155. North America EV and PHEV Sales Market Share Forecast by Country (2027-2032) Table 156. North America EV and PHEV Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 157. North America EV and PHEV Market Size by Country (2021-2026) & (US$ Million) Table 158. North America EV and PHEV Market Share by Country (2021-2026) Table 159. North America EV and PHEV Market Size Forecast by Country (2027-2032) & (US$ Million) Table 160. North America EV and PHEV Market Share Forecast by Country (2027-2032) Table 161. Europe EV and PHEV Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 162. Europe EV and PHEV Sales by Country (2021-2026) & (k units) Table 163. Europe EV and PHEV Sales Market Share by Country (2021-2026) Table 164. Europe EV and PHEV Sales Forecast by Country (2027-2032) & (k units) Table 165. Europe EV and PHEV Sales Market Share Forecast by Country (2027-2032) Table 166. Europe EV and PHEV Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 167. Europe EV and PHEV Market Size by Country (2021-2026) & (US$ Million) Table 168. Europe EV and PHEV Market Share by Country (2021-2026) Table 169. Europe EV and PHEV Market Size Forecast by Country (2027-2032) & (US$ Million) Table 170. Europe EV and PHEV Market Share Forecast by Country (2027-2032) Table 171. Asia-Pacific EV and PHEV Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 172. Asia-Pacific EV and PHEV Sales by Country (2021-2026) & (k units) Table 173. Asia-Pacific EV and PHEV Sales Market Share by Country (2021-2026) Table 174. Asia-Pacific EV and PHEV Sales Forecast by Country (2027-2032) & (k units) Table 175. Asia-Pacific EV and PHEV Sales Market Share Forecast by Country (2027-2032) Table 176. Asia-Pacific EV and PHEV Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 177. Asia-Pacific EV and PHEV Market Size by Country (2021-2026) & (US$ Million) Table 178. Asia-Pacific EV and PHEV Market Share by Country (2021-2026) Table 179. Asia-Pacific EV and PHEV Market Size Forecast by Country (2027-2032) & (US$ Million) Table 180. Asia-Pacific EV and PHEV Market Share Forecast by Country (2027-2032) Table 181. Latin America EV and PHEV Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 182. Latin America EV and PHEV Sales by Country (2021-2026) & (k units) Table 183. Latin America EV and PHEV Sales Market Share by Country (2021-2026) Table 184. Latin America EV and PHEV Sales Forecast by Country (2027-2032) & (k units) Table 185. Latin America EV and PHEV Sales Market Share Forecast by Country (2027-2032) Table 186. Latin America EV and PHEV Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 187. Latin America EV and PHEV Market Size by Country (2021-2026) & (US$ Million) Table 188. Latin America EV and PHEV Market Share by Country (2021-2026) Table 189. Latin America EV and PHEV Market Size Forecast by Country (2027-2032) & (US$ Million) Table 190. Latin America EV and PHEV Market Share Forecast by Country (2027-2032) Table 191. Middle East and Africa EV and PHEV Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 192. Middle East and Africa EV and PHEV Sales by Country (2021-2026) & (k units) Table 193. Middle East and Africa EV and PHEV Sales Market Share by Country (2021-2026) Table 194. Middle East and Africa EV and PHEV Sales Forecast by Country (2027-2032) & (k units) Table 195. Middle East and Africa EV and PHEV Sales Market Share Forecast by Country (2027-2032) Table 196. Middle East and Africa EV and PHEV Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 197. Middle East and Africa EV and PHEV Market Size by Country (2021-2026) & (US$ Million) Table 198. Middle East and Africa EV and PHEV Market Share by Country (2021-2026) Table 199. Middle East and Africa EV and PHEV Market Size Forecast by Country (2027-2032) & (US$ Million) Table 200. Middle East and Africa EV and PHEV Market Share Forecast by Country (2027-2032) Table 201. Key Raw Materials Table 202. Raw Materials Key Suppliers Table 203. EV and PHEV Distributors List Table 204. EV and PHEV Customers List Table 205. Research Programs/Design for This Report Table 206. Authors List of This Report Table 207. Secondary Sources Table 208. Primary Sources List of Figures Figure 1. EV and PHEV Image Figure 2. Global EV and PHEV Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global EV and PHEV Market Size (2021-2032) & (US$ Million) Figure 4. Global EV and PHEV Sales (2021-2032) & (k units) Figure 5. EV Image Figure 6. Global EV Sales YoY Growth (2021-2032) & (k units) Figure 7. PHEV Image Figure 8. Global PHEV Sales YoY Growth (2021-2032) & (k units) Figure 9. Global EV and PHEV Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global EV and PHEV Market Share by Type 2025 VS 2032 Figure 11. North America EV and PHEV Sales Market Share in Volume by Type in 2025 Figure 12. North America EV and PHEV Sales Market Share in Value by Type in 2025 Figure 13. Europe EV and PHEV Sales Market Share in Volume by Type in 2025 Figure 14. Europe EV and PHEV Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific EV and PHEV Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific EV and PHEV Sales Market Share in Value by Type in 2025 Figure 17. Latin America EV and PHEV Sales Market Share in Volume by Type in 2025 Figure 18. Latin America EV and PHEV Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa EV and PHEV Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa EV and PHEV Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 EV and PHEV Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Commercial Vehicle Image Figure 24. Global Commercial Vehicle Sales YoY Growth (2021-2032) & (k units) Figure 25. Passenger Vehicle Image Figure 26. Global Passenger Vehicle Sales YoY Growth (2021-2032) & (k units) Figure 27. Global EV and PHEV Market Size Overview by Application (2021-2032) & (US$ Million) Figure 28. Global EV and PHEV Market Share by Application 2025 VS 2032 Figure 29. North America EV and PHEV Sales Market Share in Volume by Application in 2025 Figure 30. North America EV and PHEV Sales Market Share in Value by Application in 2025 Figure 31. Europe EV and PHEV Sales Market Share in Volume by Application in 2025 Figure 32. Europe EV and PHEV Sales Market Share in Value by Application in 2025 Figure 33. Asia-Pacific EV and PHEV Sales Market Share in Volume by Application in 2025 Figure 34. Asia-Pacific EV and PHEV Sales Market Share in Value by Application in 2025 Figure 35. Latin America EV and PHEV Sales Market Share in Volume by Application in 2025 Figure 36. Latin America EV and PHEV Sales Market Share in Value by Application in 2025 Figure 37. Middle East and Africa EV and PHEV Sales Market Share in Volume by Application in 2025 Figure 38. Middle East and Africa EV and PHEV Sales Market Share in Value by Application in 2025 Figure 39. North America EV and PHEV Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 40. North America EV and PHEV Sales Share by Country: 2021 VS 2025 VS 2032 Figure 41. North America EV and PHEV Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 42. North America EV and PHEV Market Share by Country: 2021 VS 2025 VS 2032 Figure 43. Europe EV and PHEV Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 44. Europe EV and PHEV Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe EV and PHEV Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. Europe EV and PHEV Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Asia-Pacific EV and PHEV Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 48. Asia-Pacific EV and PHEV Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific EV and PHEV Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Asia-Pacific EV and PHEV Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Latin America EV and PHEV Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 52. Latin America EV and PHEV Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America EV and PHEV Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Latin America EV and PHEV Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Middle East and Africa EV and PHEV Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 56. Middle East and Africa EV and PHEV Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa EV and PHEV Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Middle East and Africa EV and PHEV Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. EV and PHEV Value Chain Figure 60. Key Raw Materials Price Figure 61. Manufacturing Cost Structure Figure 62. EV and PHEV Production Mode & Process Figure 63. Direct Comparison with Distribution Share Figure 64. Distributors Profiles Figure 65. Years Considered Figure 66. Research Process Figure 67. Key Executives Interviewed

Scope & coverage.

Types
  • EV
  • PHEV
Applications
  • Commercial Vehicle
  • Passenger Vehicle
Companies covered
  • Volvo
  • Volkswagen
  • Toyota
  • Tesla
  • BMW
  • Porsche
  • Nissan
  • Mitsubishi
  • Kia
  • Hyundai
  • Honda
  • Ford
  • Fiat
  • Chevrolet
  • Audi
  • BYD

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global EV and PHEV Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global EV and PHEV Sales Estimates and Forecasts (2021-2032)
  5. 1.3 EV and PHEV Market by Type
  6. 1.3.1 EV
  7. 1.3.2 PHEV
  8. 1.4 Global EV and PHEV Market Size by Type
  9. 1.4.1 Global EV and PHEV Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global EV and PHEV Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global EV and PHEV Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America EV and PHEV Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe EV and PHEV Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific EV and PHEV Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America EV and PHEV Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa EV and PHEV Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 EV and PHEV Industry Trends
  2. 2.2 EV and PHEV Industry Drivers
  3. 2.3 EV and PHEV Industry Opportunities and Challenges
  4. 2.4 EV and PHEV Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by EV and PHEV Revenue (2021-2026)
  2. 3.2 Global Top Players by EV and PHEV Sales (2021-2026)
  3. 3.3 Global Top Players by EV and PHEV Price (2021-2026)
  4. 3.4 Global EV and PHEV Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global EV and PHEV Major Company Production Sites & Headquarters
  6. 3.6 Global EV and PHEV Company, Product Type & Application
  7. 3.7 Global EV and PHEV Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global EV and PHEV Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 EV and PHEV Players Market Share by Revenue in 2025
  11. 3.8.3 2025 EV and PHEV Tier 1, Tier 2, and Tier 3
4 EV and PHEV Regional Status and Outlook
  1. 4.1 Global EV and PHEV Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global EV and PHEV Historic Market Size by Region
  3. 4.2.1 Global EV and PHEV Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global EV and PHEV Sales in Value by Region (2021-2026)
  5. 4.2.3 Global EV and PHEV Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global EV and PHEV Forecasted Market Size by Region
  7. 4.3.1 Global EV and PHEV Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global EV and PHEV Sales in Value by Region (2027-2032)
  9. 4.3.3 Global EV and PHEV Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 EV and PHEV by Application
  1. 5.1 EV and PHEV Market by Application
  2. 5.1.1 Commercial Vehicle
  3. 5.1.2 Passenger Vehicle
  4. 5.2 Global EV and PHEV Market Size by Application
  5. 5.2.1 Global EV and PHEV Market Size Overview by Application (2021-2032)
  6. 5.2.2 Global EV and PHEV Historic Market Size Review by Application (2021-2026)
  7. 5.2.3 Global EV and PHEV Forecasted Market Size by Application (2027-2032)
  8. 5.3 Key Regions Market Size by Application
  9. 5.3.1 North America EV and PHEV Sales Breakdown by Application (2021-2026)
  10. 5.3.2 Europe EV and PHEV Sales Breakdown by Application (2021-2026)
  11. 5.3.3 Asia-Pacific EV and PHEV Sales Breakdown by Application (2021-2026)
  12. 5.3.4 South America EV and PHEV Sales Breakdown by Application (2021-2026)
  13. 5.3.5 Middle East and Africa EV and PHEV Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Volvo
  2. 6.1.1 Volvo Company Information
  3. 6.1.2 Volvo Business Overview
  4. 6.1.3 Volvo EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Volvo EV and PHEV Product Portfolio
  6. 6.1.5 Volvo Recent Developments
  7. 6.2 Volkswagen
  8. 6.2.1 Volkswagen Company Information
  9. 6.2.2 Volkswagen Business Overview
  10. 6.2.3 Volkswagen EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Volkswagen EV and PHEV Product Portfolio
  12. 6.2.5 Volkswagen Recent Developments
  13. 6.3 Toyota
  14. 6.3.1 Toyota Company Information
  15. 6.3.2 Toyota Business Overview
  16. 6.3.3 Toyota EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Toyota EV and PHEV Product Portfolio
  18. 6.3.5 Toyota Recent Developments
  19. 6.4 Tesla
  20. 6.4.1 Tesla Company Information
  21. 6.4.2 Tesla Business Overview
  22. 6.4.3 Tesla EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Tesla EV and PHEV Product Portfolio
  24. 6.4.5 Tesla Recent Developments
  25. 6.5 BMW
  26. 6.5.1 BMW Company Information
  27. 6.5.2 BMW Business Overview
  28. 6.5.3 BMW EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 BMW EV and PHEV Product Portfolio
  30. 6.5.5 BMW Recent Developments
  31. 6.6 Porsche
  32. 6.6.1 Porsche Company Information
  33. 6.6.2 Porsche Business Overview
  34. 6.6.3 Porsche EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Porsche EV and PHEV Product Portfolio
  36. 6.6.5 Porsche Recent Developments
  37. 6.7 Nissan
  38. 6.7.1 Nissan Company Information
  39. 6.7.2 Nissan Business Overview
  40. 6.7.3 Nissan EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Nissan EV and PHEV Product Portfolio
  42. 6.7.5 Nissan Recent Developments
  43. 6.8 Mitsubishi
  44. 6.8.1 Mitsubishi Company Information
  45. 6.8.2 Mitsubishi Business Overview
  46. 6.8.3 Mitsubishi EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Mitsubishi EV and PHEV Product Portfolio
  48. 6.8.5 Mitsubishi Recent Developments
  49. 6.9 Kia
  50. 6.9.1 Kia Company Information
  51. 6.9.2 Kia Business Overview
  52. 6.9.3 Kia EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Kia EV and PHEV Product Portfolio
  54. 6.9.5 Kia Recent Developments
  55. 6.10 Hyundai
  56. 6.10.1 Hyundai Company Information
  57. 6.10.2 Hyundai Business Overview
  58. 6.10.3 Hyundai EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Hyundai EV and PHEV Product Portfolio
  60. 6.10.5 Hyundai Recent Developments
  61. 6.11 Honda
  62. 6.11.1 Honda Company Information
  63. 6.11.2 Honda Business Overview
  64. 6.11.3 Honda EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Honda EV and PHEV Product Portfolio
  66. 6.11.5 Honda Recent Developments
  67. 6.12 Ford
  68. 6.12.1 Ford Company Information
  69. 6.12.2 Ford Business Overview
  70. 6.12.3 Ford EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 Ford EV and PHEV Product Portfolio
  72. 6.12.5 Ford Recent Developments
  73. 6.13 Fiat
  74. 6.13.1 Fiat Company Information
  75. 6.13.2 Fiat Business Overview
  76. 6.13.3 Fiat EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 Fiat EV and PHEV Product Portfolio
  78. 6.13.5 Fiat Recent Developments
  79. 6.14 Chevrolet
  80. 6.14.1 Chevrolet Company Information
  81. 6.14.2 Chevrolet Business Overview
  82. 6.14.3 Chevrolet EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 Chevrolet EV and PHEV Product Portfolio
  84. 6.14.5 Chevrolet Recent Developments
  85. 6.15 Audi
  86. 6.15.1 Audi Company Information
  87. 6.15.2 Audi Business Overview
  88. 6.15.3 Audi EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 Audi EV and PHEV Product Portfolio
  90. 6.15.5 Audi Recent Developments
  91. 6.16 BYD
  92. 6.16.1 BYD Company Information
  93. 6.16.2 BYD Business Overview
  94. 6.16.3 BYD EV and PHEV Sales, Revenue and Gross Margin (2021-2026)
  95. 6.16.4 BYD EV and PHEV Product Portfolio
  96. 6.16.5 BYD Recent Developments
7 North America by Country
  1. 7.1 North America EV and PHEV Sales by Country
  2. 7.1.1 North America EV and PHEV Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America EV and PHEV Sales by Country (2021-2026)
  4. 7.1.3 North America EV and PHEV Sales Forecast by Country (2027-2032)
  5. 7.2 North America EV and PHEV Market Size by Country
  6. 7.2.1 North America EV and PHEV Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America EV and PHEV Market Size by Country (2021-2026)
  8. 7.2.3 North America EV and PHEV Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe EV and PHEV Sales by Country
  2. 8.1.1 Europe EV and PHEV Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe EV and PHEV Sales by Country (2021-2026)
  4. 8.1.3 Europe EV and PHEV Sales Forecast by Country (2027-2032)
  5. 8.2 Europe EV and PHEV Market Size by Country
  6. 8.2.1 Europe EV and PHEV Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe EV and PHEV Market Size by Country (2021-2026)
  8. 8.2.3 Europe EV and PHEV Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific EV and PHEV Sales by Country
  2. 9.1.1 Asia-Pacific EV and PHEV Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific EV and PHEV Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific EV and PHEV Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific EV and PHEV Market Size by Country
  6. 9.2.1 Asia-Pacific EV and PHEV Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific EV and PHEV Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific EV and PHEV Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America EV and PHEV Sales by Country
  2. 10.1.1 South America EV and PHEV Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America EV and PHEV Sales by Country (2021-2026)
  4. 10.1.3 South America EV and PHEV Sales Forecast by Country (2027-2032)
  5. 10.2 South America EV and PHEV Market Size by Country
  6. 10.2.1 South America EV and PHEV Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America EV and PHEV Market Size by Country (2021-2026)
  8. 10.2.3 South America EV and PHEV Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa EV and PHEV Sales by Country
  2. 11.1.1 Middle East and Africa EV and PHEV Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa EV and PHEV Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa EV and PHEV Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa EV and PHEV Market Size by Country
  6. 11.2.1 Middle East and Africa EV and PHEV Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa EV and PHEV Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa EV and PHEV Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 EV and PHEV Value Chain Analysis
  2. 12.1.1 EV and PHEV Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 EV and PHEV Production Mode & Process
  7. 12.2 EV and PHEV Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 EV and PHEV Distributors
  10. 12.2.3 EV and PHEV Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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